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Mar 17, 2017
03/17
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BLOOMBERG
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the populists have failed to shake europe, but europe has not stopped getting sicker. i think that is what merkel and macron probably are really worried about. dan: to be clear here, geert wilders ran on part of his platform that he would get the netherlands out of the e.u. it would have been the next domino to fall in the european project. i want to talk about a couple of leaders in these countries. the new leader in germany posing the biggest threat to merkel is schultz, the leader of the socialists, the left of center party in germany. he was president of the european union. he has been a product of brussels for a couple of decades. walter, how does he become the challenge to the pro-e.u. merkel-led status quo? >> first of all, in germany, the e.u. is much more popular than it is in a lot of the rest of europe and so is the euro. the euro has worked extremely well for germany in that germany has a big export surplus. if it had its own currency, the mark would go skyhigh and it would be much harder for germany to export. as it is, germany has a huge export surplus. t
the populists have failed to shake europe, but europe has not stopped getting sicker. i think that is what merkel and macron probably are really worried about. dan: to be clear here, geert wilders ran on part of his platform that he would get the netherlands out of the e.u. it would have been the next domino to fall in the european project. i want to talk about a couple of leaders in these countries. the new leader in germany posing the biggest threat to merkel is schultz, the leader of the...
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Mar 25, 2017
03/17
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BBCNEWS
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most of them actually want to get out of europe. it is something i learned when i was an snp candidate. i hadn't appreciated it untilfour years ago. why do so many people here want to leave the british and european union? the snp supporters in this area are really staunch once. they are passionate. the bottom line is that they really want independence. they are fiercely independent. a few miles to the east, the river spey empties into the sea. the river feeds two of the country's biggest industries, whisky and tourism. the mainstream currents of scottish public opinion contain many unexpected eddies. moray is happy to send mps from the snp to westminster and holyrood but in 2014 voted no to independence. a substantial minority who voted yes to independence went on to vote to leave the european union. a second independence referendum offering independence in europe would present that group, those who wanted independence for scotland but to leave the eu, with a new dilemma and a new choice. which union do you want to leave more, the b
most of them actually want to get out of europe. it is something i learned when i was an snp candidate. i hadn't appreciated it untilfour years ago. why do so many people here want to leave the british and european union? the snp supporters in this area are really staunch once. they are passionate. the bottom line is that they really want independence. they are fiercely independent. a few miles to the east, the river spey empties into the sea. the river feeds two of the country's biggest...
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Mar 31, 2017
03/17
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CSPAN
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europe split. europe would be more hostile towards the united states. definitely not in the interest of the united states. host: okay. former nato second general anders hillaryremarks from clinton at georgetown university today. this will be mrs. clinton's first speech in washington since the presidential election. this is live coverage on c-span. >> 8, 10, 12 month 14.
europe split. europe would be more hostile towards the united states. definitely not in the interest of the united states. host: okay. former nato second general anders hillaryremarks from clinton at georgetown university today. this will be mrs. clinton's first speech in washington since the presidential election. this is live coverage on c-span. >> 8, 10, 12 month 14.
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Mar 7, 2017
03/17
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BBCNEWS
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in europe, very small movements. let's go to wall street, with similarand let's go to wall street, with similar and hussein. on tuesday the latest trade figures the january will be released. it will show that the us trade deficit got better, to $48.5 billion, up from m43 billion backin $48.5 billion, up from m43 billion back in december. trade was a big pa rt back in december. trade was a big part of tres —— president trump's election campaign, and these latest figures will be looked at very closely by his economic team. also on tuesday, the us federal reserve is expected to report consumer credit figures for the month of january. consumer credit is debt taken on by individuals who intend to spend the money right away, so things like credit cards or car loa ns. things like credit cards or car loans. consumer credit figures are expected to have gone up to 17 point $10 billion, upfrom expected to have gone up to 17 point $10 billion, up from $14.16 billion in december. lots of economic data is coming out of the sta
in europe, very small movements. let's go to wall street, with similarand let's go to wall street, with similar and hussein. on tuesday the latest trade figures the january will be released. it will show that the us trade deficit got better, to $48.5 billion, up from m43 billion backin $48.5 billion, up from m43 billion back in december. trade was a big pa rt back in december. trade was a big part of tres —— president trump's election campaign, and these latest figures will be looked at...
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Mar 7, 2017
03/17
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BBCNEWS
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this compares to just 4.2% in europe. it's a similar story for fiat—chrysler which has profit margins of 7.4% and 2.5% respectively. cars are an important export for many of europe's biggest economies. given that national elections are due to take place in france and germany later this year, european governments will be keen to keep their domestic car industries ticking over. christian stadler is a professor of strategic management at warwick business school, and specialises in the car industry. good morning. given what i havejust said, why is there such a gulf between the profit margin in north america and that seen in europe? two factors. labour cost is higher in europe and there is still quite capacity in the european market which keeps down margins. the issue of currency has played a big part, certainly since the referendum in the uk? certainly for general motors, this was one of the reasons that they state why they did not turn up profit in the european operations and it drove them to finally sell the european oper
this compares to just 4.2% in europe. it's a similar story for fiat—chrysler which has profit margins of 7.4% and 2.5% respectively. cars are an important export for many of europe's biggest economies. given that national elections are due to take place in france and germany later this year, european governments will be keen to keep their domestic car industries ticking over. christian stadler is a professor of strategic management at warwick business school, and specialises in the car...
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Mar 29, 2017
03/17
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BLOOMBERG
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europe?consensus is buy i amloomberg daybreak," jonathan ferro with the david westin and alix steel. the official brexit process begins. theresa may signed article 50 and handed it over to president donald tusk. donald tusk approaching the podium in brussels in europe. let's take a listen to the eu president and what he will say back to the letter from prime minister may. donald tusk: and formally starting negotiations of the united kingdom's withdrawal from the european union. there is no reason to pretend that this is a happy day. europeans most including half of the british voters wish we would stay together and not drift apart. as for me, i will not pretend this is a happy time today. , there is something positive in a brexit. community made us the more determined and more united than before. i am truly confident of this, especially after the declaration and today i can say we will remain determined and united also during the difficult negotiations ahead. that i in the time toon have a st
europe?consensus is buy i amloomberg daybreak," jonathan ferro with the david westin and alix steel. the official brexit process begins. theresa may signed article 50 and handed it over to president donald tusk. donald tusk approaching the podium in brussels in europe. let's take a listen to the eu president and what he will say back to the letter from prime minister may. donald tusk: and formally starting negotiations of the united kingdom's withdrawal from the european union. there is no...
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Mar 19, 2017
03/17
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BBCNEWS
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i don't think europe is a dead body. there does seem to be acceptance that europe has lost its way in recent years. at least there is now a pause for a new way forward. but to actually get anywhere, everyone has to agree on the best route. they are hoping to do that by the end of this year but that jean—claude juncker has already discussed his plan with the german chancellor and spain's prime minister, but some eurosceptics don't like any of the alternatives on offer. i feel like many other citizens, completely betrayed. these options are just one option with different degrees. let's exclude the first one. the first one is to keep everything like it is and in fact we are seeing that it is not working. the second one is to focus on the market, but the commission says we don't want that option. the other three are three different degrees of integration, but the point is integration for what? and to do what? is this the way to actually get people to love europe again? i think that there needs to be a bottom up european mo
i don't think europe is a dead body. there does seem to be acceptance that europe has lost its way in recent years. at least there is now a pause for a new way forward. but to actually get anywhere, everyone has to agree on the best route. they are hoping to do that by the end of this year but that jean—claude juncker has already discussed his plan with the german chancellor and spain's prime minister, but some eurosceptics don't like any of the alternatives on offer. i feel like many other...
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Mar 12, 2017
03/17
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CSPAN3
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the achievement of a more united europe, including eastern europe and western europe, is one of the most monumental achievements of my lifetime. i wouldn't say it's under threat, but it is facing numerous challenges from russia, from the greek debt crisis, from immigration, from brexit, and from the president elect of united states. all the things conspired to make europe more interesting. let's put it this way. the period, the reagan administration, was pivotal in the evolution of europe. even those areas where nothing much seems to happen, such as eastern europe after the crushing of solidarity and up until 1989 there was a lot going on the need the surface. eastern europe was becoming prerevolutionary. it took a sparked to ignite this revolutionary tender. western europe was more obvious. it was a period when decisions were made about a common europe, a single european currency, single european market. ultimately towards political union that were historic. it was a period of some divergence between europe and the superpowers because u.s.-soviet detente went into freefall in the early
the achievement of a more united europe, including eastern europe and western europe, is one of the most monumental achievements of my lifetime. i wouldn't say it's under threat, but it is facing numerous challenges from russia, from the greek debt crisis, from immigration, from brexit, and from the president elect of united states. all the things conspired to make europe more interesting. let's put it this way. the period, the reagan administration, was pivotal in the evolution of europe. even...
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Mar 29, 2017
03/17
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CSPAN2
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and the rest of europe? >> it depends what side of your argument. >> 81 out this is the beginning of the global britain trading relationships are no longer dominated by the closest neighbors in europe but it will hearken back to the days of the empire if you wanted to stay in which was 40% -- 48% but a period of less prosperity and security still a very polarized argument is very polarized country opinion has not shifted since jim. y >> we did see stories about buyer's remorse. >> we did a and we didn't there was a little bit oh my god what have we done but not for very long. the polls have now shifted at that point the polls are holding up the rest of europe and the world was shocked they were incredulous as to those who voted for brooks it but the e.u. had in mind but if anything the positions are more entrenched. >> in new prime minister who took over what is her biggest challenge? >> she has a lot it is hard to say which is the biggest but she has to satisfy not just the country but various wings within
and the rest of europe? >> it depends what side of your argument. >> 81 out this is the beginning of the global britain trading relationships are no longer dominated by the closest neighbors in europe but it will hearken back to the days of the empire if you wanted to stay in which was 40% -- 48% but a period of less prosperity and security still a very polarized argument is very polarized country opinion has not shifted since jim. y >> we did see stories about buyer's...
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Mar 18, 2017
03/17
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LINKTV
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peter: is he a dangerous man for europe? alan: no, the real danger for europe now is in france. marine le pen. there is a danger lurking on the sidelines in italy where the far it -- where the five-star movement could come in. gasquet even if he had the biggest party, he would not be the prime minister at the point of the populist movement is that "we are the people of they will not let us govern because they are scared. that is one thing that the netherlands has proved. wilders is not the people, not even 20%. that is good. and now, we have to look at the other bits of europe and proof there that they are part of the people but not "the people." rieke: that was part of the thisf that we saw after election. everyone was eagerly watching the netherlands saying this would be the start of the populist spring and then we move on to france and germany. i think that is part of the relief. we saw that he is not the people as you rightly put it and it is the same kind of relief we felt after austria. everyone feared after donald that and brexit, that would be the beginning of populism s
peter: is he a dangerous man for europe? alan: no, the real danger for europe now is in france. marine le pen. there is a danger lurking on the sidelines in italy where the far it -- where the five-star movement could come in. gasquet even if he had the biggest party, he would not be the prime minister at the point of the populist movement is that "we are the people of they will not let us govern because they are scared. that is one thing that the netherlands has proved. wilders is not the...
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Mar 29, 2017
03/17
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CSPAN3
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europe. we will remain a close friend and ally. we'll be a committed partner. we'll play our part to ensure that europe is able to project its values and defend itself from security threats. and we will do all that we can to help the european union prosper and succeed. so, mr. speaker, in the letter that's been delivered today, copies of which i have placed in the library of the house, i have been clear that the deep and special partnership we seek is in the best interest of the united kingdom and of the european union, too. i have been clear that we will work constructively in a spirit of sincere cooperation to bring this partnership into being. and i have been clear that we should seek to agree the terms of this future partnership alongside those of our withdrawal within the next two years. i am ambitious for britain and the objectives i have set out for those negotiations remain. we will deliver certainty wherever possible so that business, the public sector and everybody else has as much
europe. we will remain a close friend and ally. we'll be a committed partner. we'll play our part to ensure that europe is able to project its values and defend itself from security threats. and we will do all that we can to help the european union prosper and succeed. so, mr. speaker, in the letter that's been delivered today, copies of which i have placed in the library of the house, i have been clear that the deep and special partnership we seek is in the best interest of the united kingdom...
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Mar 22, 2017
03/17
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BLOOMBERG
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and europe. the risk of protectionism and that talk to me from the trump administration is a big issue for prime minister shinzo abe. we should see some further developments. we will have mike pence coming to tokyo and he will talk to the deputy prime minister about the economic relationship and we might see more developments there in terms of the trade relationship between two nations. that i want to i doubt japanese exports have not always been soaring, they broke through in december. i have a chart here, you can see it yourself on the bling -- chart.rg to access this we have been in negative territory for all of 2016, it was recently it came back. how important are exports for the overall economic picture for japan and four of a -- for abe? brett: they're very important. we look weak consumer spending and poor wage gains. businesses are not looking to invest in domestic production for japan. when we look at growth we're looking at the export markets so japan needs the experts to continue runni
and europe. the risk of protectionism and that talk to me from the trump administration is a big issue for prime minister shinzo abe. we should see some further developments. we will have mike pence coming to tokyo and he will talk to the deputy prime minister about the economic relationship and we might see more developments there in terms of the trade relationship between two nations. that i want to i doubt japanese exports have not always been soaring, they broke through in december. i have...
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Mar 7, 2017
03/17
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CSPAN3
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of europe. so we really rely as parts of the region on firm american leadership. and support. >> i heard in several visits by my colleagues and a visit i took last august about the importance of strengthening our investment in countering russia, sputnik and other propaganda outlet, the broadcasting from latvia, both for voice of america for you'eu and libber fip y and liberty. yes, my vision is not very great. that's tiny print. and how we might strengthen and expand our mission in propaganda operations that would be more effe effective. >> to give short times to probably we are less concerned in latvia about russia today, because russia today is, programs of russia today are broadcast broadcasted in english while russia has all of the opportunities to broker in russian, their major tv channels and the democratic country is not putting any barriers to free speech. to free broadcasting. at the same time we are aware about content of these programs and what is essential is to give alternative to r
of europe. so we really rely as parts of the region on firm american leadership. and support. >> i heard in several visits by my colleagues and a visit i took last august about the importance of strengthening our investment in countering russia, sputnik and other propaganda outlet, the broadcasting from latvia, both for voice of america for you'eu and libber fip y and liberty. yes, my vision is not very great. that's tiny print. and how we might strengthen and expand our mission in...
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Mar 17, 2017
03/17
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KQED
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you say europe is a mess. everyone and this table agrees that there aren't any easy ways out of this. does this matter to u.s. policy makers? should it? >> in my view it should. and here's-- the lesson we picked up 70 years ago was that if europe has a bad day, sooner or later the united states will too. that war and mass unrest and destruction in europe is not something the united states can ignore, foreign tirely selfish reasons. if you get right down to it. so you need, and an ounce of prevention is worth a pound of cure. i would say the u.s. needs to work hard with our-- be much more deeply engaged with europeans to help assist and think through some kind of way to a genuine european future, and at the same time, you know, the situation in the middle east has become, i mean you know, if you had said in 2009 that when obama leaves office eight years after taking it over from george w. bush the middle east is going to be a much more hideous mess than it was under bush, everybody would say you're a terrible r
you say europe is a mess. everyone and this table agrees that there aren't any easy ways out of this. does this matter to u.s. policy makers? should it? >> in my view it should. and here's-- the lesson we picked up 70 years ago was that if europe has a bad day, sooner or later the united states will too. that war and mass unrest and destruction in europe is not something the united states can ignore, foreign tirely selfish reasons. if you get right down to it. so you need, and an ounce of...
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Mar 2, 2017
03/17
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BLOOMBERG
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of europe. with someuld do away of the uncertainties, you could have a strong take off in europe. vonnie: one of your portfolios is the global alpha equity portfolio. where are you seeing alpha right now? isrge: the primary area that undiscovered is european cyclical stocks. one is macro -- you see a global synchronized recovery being led by the u.s. and china, but europe is clearly a beneficiary. .uropean gdp is improving it is improving off of low basis, but it is getting better. european fiscal and monetary policy rolling together for the first time in a long time. typically, they are counter purpose, but right now they are rolling together. it is intriguing when the ecb continues to be accommodative. that means europe will continue to be flush with cash and it will have a weak currency and a fitting exporters. the micro in europe looks very intriguing. european companies are accustomed to dealing with very low growth rates and maintaining decent levels of rough and ability. better sales is a
of europe. with someuld do away of the uncertainties, you could have a strong take off in europe. vonnie: one of your portfolios is the global alpha equity portfolio. where are you seeing alpha right now? isrge: the primary area that undiscovered is european cyclical stocks. one is macro -- you see a global synchronized recovery being led by the u.s. and china, but europe is clearly a beneficiary. .uropean gdp is improving it is improving off of low basis, but it is getting better. european...
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Mar 10, 2017
03/17
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CSPAN3
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europe and u.s. should help efforts to help ukraine, georgia and moldova, and including information warfare. latvia has been active in providing support to eastern partners and strengthen ind media. i would like to mention two examples a practical approach and support of partnership countries. first, baltic center for media excellence recently completed a study of skills and training needs to independent media in eastern partnership countries. certainly latvia is interested in the success of creative content support fund. that is being established with support of european endowment for democracy and the british government. this fund will strengthen the capacity of independent media to offer russia language audiences strong alternative to kremlin-controlled media. encourage u.s. support this important initiatives. in pivotal times of history, the alliance has always proven to be effective, credible and united. solidarity here is a key word. i believe the spirit of solidarity will bring us to wise futu
europe and u.s. should help efforts to help ukraine, georgia and moldova, and including information warfare. latvia has been active in providing support to eastern partners and strengthen ind media. i would like to mention two examples a practical approach and support of partnership countries. first, baltic center for media excellence recently completed a study of skills and training needs to independent media in eastern partnership countries. certainly latvia is interested in the success of...
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Mar 29, 2017
03/17
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BBCNEWS
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7 europe, then who would fill the vacant posts? there certainly isn't an abundance of labour here in settle. the jobless rate an abundance of labour here in settle. thejobless rate is currently around 3% and according to the government, that means this area has full employment. the prospect of eu workers losing their right to remain isa eu workers losing their right to remain is a worry for the manager at annie hall. she wants to keep her current migrant workforce and recruit more staff from europe. we don't know what is going to happen, we can't plan, we are in a very rude role location —— in a very rural location and it has been historically difficult to recruit and without the staff from eastern europe, it will be difficult to function. it all seemed very clear on the morning ofjune 2a last year, perhaps less so now and the talks that will determine their future are just beginning. correspondence around the uk have
7 europe, then who would fill the vacant posts? there certainly isn't an abundance of labour here in settle. the jobless rate an abundance of labour here in settle. thejobless rate is currently around 3% and according to the government, that means this area has full employment. the prospect of eu workers losing their right to remain isa eu workers losing their right to remain is a worry for the manager at annie hall. she wants to keep her current migrant workforce and recruit more staff from...
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164
Mar 30, 2017
03/17
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BLOOMBERG
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buy europe, buy europe. >> the valuation case, the sausage is simply cheaper. the s&p 500 and a lot of bears will tell you we are near market peak for that. a valuation argument is only as good as the underpaying data and earnings and people are starting to come around on that a little bit. it has long been seen as trailing the u.s. inple recommending getting the europe might not be as much of a risk when it comes to the data. and it will be people expecting some uncertainty to seep out of the european market with the french election results. that will be sort of a relief for them and the lack of uncertainty could help. investors have a lot of dry powder, a lot of cash holdings. a lot more than in the u.s.. that's a lot of money to unleash in the market. jon: talk to me about what conditions are in europe. the analysts are right appear on europe. what about the actual money? >> if you look at etf flows, it's been like 250 million for europe. and the u.s., we are in the tens of billions. people have not gone in as much. they may be more tepid about european equi
buy europe, buy europe. >> the valuation case, the sausage is simply cheaper. the s&p 500 and a lot of bears will tell you we are near market peak for that. a valuation argument is only as good as the underpaying data and earnings and people are starting to come around on that a little bit. it has long been seen as trailing the u.s. inple recommending getting the europe might not be as much of a risk when it comes to the data. and it will be people expecting some uncertainty to seep...
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Mar 30, 2017
03/17
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BLOOMBERG
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make this into making europe and economic maker. if marine le pen causes a referendum she could stand a good chance of winning that. in european architecture is agree, did angela merkel with this, she has been a very impressive politician. >> in europe? >> i think she has been good about a lot of things. i think in terms of a statecraft and keeping things together she has probably been better than anyone else. to what out able opposition of any sort, in the opposition of europe and in her own country. that has been hard to beat. >> what a pickup with you until you until you have heard. americans are going to wonder what really affects them. you're going to have this ugly divorce on the size of the country, i think donald trump could be kind of a shadowy figure at the table. i think the dynamics that theresa may actually came over to washington ugly. point that it has more options they could sign a free-trade deal. donald trump is going against obama with same that they would have to wait and the back of the queue. they are saying re
make this into making europe and economic maker. if marine le pen causes a referendum she could stand a good chance of winning that. in european architecture is agree, did angela merkel with this, she has been a very impressive politician. >> in europe? >> i think she has been good about a lot of things. i think in terms of a statecraft and keeping things together she has probably been better than anyone else. to what out able opposition of any sort, in the opposition of europe and...
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Mar 8, 2017
03/17
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CSPAN2
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more than other parts of europe. we really rely on firm american leadership. >> i heard in several visits by my colleagues in a visit i took last august about the importance of strengthening our investment and countering russia today and other propaganda outlets you mentioned, the broadcasting from lithuania, excuse me from. [inaudible] my vision is not so good. that is very tiny print. tell me how russian propaganda operations are affecting your comment country and how we might strengthen and expand our investment and counter those operations that would be more effective. >> to give a short answer, probably we are less concerned in latvia about russia today because russia today, programs of russia today are are being broadcast in english. they have opportunities to broadcast in russia their major channels. the country is not putting any barriers to free speech or free broadcasting. at the same time we are aware of the content of these programs and what is essential is to give an alternative to different sources, to
more than other parts of europe. we really rely on firm american leadership. >> i heard in several visits by my colleagues in a visit i took last august about the importance of strengthening our investment and countering russia today and other propaganda outlets you mentioned, the broadcasting from lithuania, excuse me from. [inaudible] my vision is not so good. that is very tiny print. tell me how russian propaganda operations are affecting your comment country and how we might...
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Mar 30, 2017
03/17
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BLOOMBERG
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we probably prefer to buy outside of europe if we have to stay in europe. we tend to stay in the core a little bit. none of these so-called bad outcomes will be central expectations. inflation,about we're starting to see data a little bit. we see in spain you can see the ,ata on my screen this morning 2.4 down to -- has the market over is estimated the inflationary effort in europe question mark is there a base effect for the market that it has not priced in question in? -- priced wobe had a bit of a ble, with the ecb was thinking about withdrawing stimulus earlier. we look through the rise in the headline, probably peaking around about here. the issue we have with europe is the fact you get any traction here on wages, places like germany. we think the ecb and the markets are right to focus and we cannot really see it going up anytime soon. we think it is probably going to stay there. what we look at and what we think the ecb would be looking at as well. >> how do you see it taper down to 60 billion this month? will that continue into a real taper that even
we probably prefer to buy outside of europe if we have to stay in europe. we tend to stay in the core a little bit. none of these so-called bad outcomes will be central expectations. inflation,about we're starting to see data a little bit. we see in spain you can see the ,ata on my screen this morning 2.4 down to -- has the market over is estimated the inflationary effort in europe question mark is there a base effect for the market that it has not priced in question in? -- priced wobe had a...
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50
Mar 26, 2017
03/17
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BBCNEWS
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only a united europe can be a sovereign europe, in relation to the rest of the world. and only a sovereign europe guarantees independence for its nations, guarantees freedom for its nations, guarantees freedom for its citizens. and on this anniversary there were marches around europe today by eu supporters. this was in london, more than 20,000 estimated to have taken part. and in rome, the gatherings we i’e part. and in rome, the gatherings were small. what worries eu leaders is that in the wake of brexit, their opponents, eurosceptic nationalist forces, a re opponents, eurosceptic nationalist forces, are energised now. with this summit, eu leaders are trying to find a new impetus for their project, to confront brexit on the other challenges they face. the problem they have, how to rekindle enthusiasm for the eu across europe. meanwhile, thousands have been taking part in protests here in london against the triggering of article 50, which is the official pi’ocess article 50, which is the official process of the uk to leave the eu. the marchers want britain to remai
only a united europe can be a sovereign europe, in relation to the rest of the world. and only a sovereign europe guarantees independence for its nations, guarantees freedom for its nations, guarantees freedom for its citizens. and on this anniversary there were marches around europe today by eu supporters. this was in london, more than 20,000 estimated to have taken part. and in rome, the gatherings we i’e part. and in rome, the gatherings were small. what worries eu leaders is that in the...
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Mar 16, 2017
03/17
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LINKTV
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mainstream politicians in europe, congratulations pouring in for mark rutte. ♪ laura: we start with two security scares in france. the president say justifies a long-running state of emergency. at the imf,etonated the monetary fund where at least one person was injured. it is linked to greek anarchists. reporter: the blast echoed through the streets of this usually quiet paris neighborhood. according to preliminary findings, a small package bomb detonated inside the french office of the international monetary fund on thursday morning. minutes after the explosion, police have the area on lockdown. >> it seems it was a pyrotechnic device or firecracker. perhaps a homemade device. it was not really a bomb. there was minor damage to the office. reporter: the imf secretary who opened the package sustained a light injuries to the face and eardrums and is currently receiving treatment. french president francois hollande spoke of an act of terrorism. >> we are still a target. it today was the imf. but it happened on french soil, in france. i want to tell all those who work in this great institu
mainstream politicians in europe, congratulations pouring in for mark rutte. ♪ laura: we start with two security scares in france. the president say justifies a long-running state of emergency. at the imf,etonated the monetary fund where at least one person was injured. it is linked to greek anarchists. reporter: the blast echoed through the streets of this usually quiet paris neighborhood. according to preliminary findings, a small package bomb detonated inside the french office of the...
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Mar 6, 2017
03/17
by
BLOOMBERG
tv
eye 45
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there is no more gm in europe. guy: when we look back on this transaction, what will we take away as being the most important part of today's news. we are focused on capacity, technology, on what's happening in terms of financing. if you were to put your finger on one thing that would make this deal work, what is it? >> it is a fresh and clean start to an opportunity for opel operate with a european partner that knows how to get the job done. but the job is to be done by opel. it is a long journey, but a better opportunity than what opel ever have before. so, that is the opportunity. again, it is a very clean deal. when you look at the pension, how it is all being funded and financed, i think, it is justified to look at this from a more constructive point of view than being too skeptical here. matt: excellent insight. .hank you for joining us coming up on the program, we focus on the french elections. we are speaking to a key advisor to french presidential candidate macron. plus, we have a conversation about the st
there is no more gm in europe. guy: when we look back on this transaction, what will we take away as being the most important part of today's news. we are focused on capacity, technology, on what's happening in terms of financing. if you were to put your finger on one thing that would make this deal work, what is it? >> it is a fresh and clean start to an opportunity for opel operate with a european partner that knows how to get the job done. but the job is to be done by opel. it is a...
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68
Mar 1, 2017
03/17
by
CSPAN2
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eye 68
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like the senator from south florida, i led a codel to eastern and central europe. mine was not last week. it was last august. but with two republican house members and two democratic senate members, the five of us went to the czech republic to ukraine and toes -- toes stone i can't and heard concern about the record of disrespect for democracy in russia and about this aggressive hybrid warfare campaign that threatens ukraine stability andistence. that puts estonia on warning and czech independence and czech elections all across central and western europe. i've heard from, we have heard from ambassadors, experts, those who have testified in front of committees on which we serve about a russian campaign, a brutal campaign to undermine human rights within russia and to undermine democracy throughout western europe with a larger strategic goal of separating the united states from our western allies and of undermining the trans-atlantic alliance that has been so essential to our peace, security and stability for 70 years. we cannot let this stand. there is no moral equi
like the senator from south florida, i led a codel to eastern and central europe. mine was not last week. it was last august. but with two republican house members and two democratic senate members, the five of us went to the czech republic to ukraine and toes -- toes stone i can't and heard concern about the record of disrespect for democracy in russia and about this aggressive hybrid warfare campaign that threatens ukraine stability andistence. that puts estonia on warning and czech...
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Mar 18, 2017
03/17
by
BLOOMBERG
tv
eye 32
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you would say europe is a mass, -- you would say europe is a mess. everyone around this table agrees, there is not an easy way out of this. does this matter to u.s. policymakers? should it? >> in my view, it should. the lesson 70 years ago was that if europe has a bad day sooner or later the united states will too. war and mass unrest in europe is not something united states can ignore for entirely selfish reasons. we need an ounce of prevention. the u.s. needs to work hard with our europeans to help assist and think through some kind of way to a genuine european future and at the same time, the situation in the middle east has become -- if you would have said in 2009 when obama leaves office eight years after taking it over from george w. bush the middle east is going to be a more hideous mess than under bush everybody would say you are a terrible racist. how can you possibly say that about our great enlightened president obama? i'm not saying everything that happened was obama's fault. there are a lot of processes there that are unraveling. some of
you would say europe is a mass, -- you would say europe is a mess. everyone around this table agrees, there is not an easy way out of this. does this matter to u.s. policymakers? should it? >> in my view, it should. the lesson 70 years ago was that if europe has a bad day sooner or later the united states will too. war and mass unrest in europe is not something united states can ignore for entirely selfish reasons. we need an ounce of prevention. the u.s. needs to work hard with our...
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Mar 29, 2017
03/17
by
BLOOMBERG
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europe's response. we are live in brussels and where going to berlin to get a view on how the eu will react and negotiate the u.k. leaving the block. and hike guidance. there will be two more hikes this year. all speak today, what clues will they give on the rate path? matt: 30 minutes until the cash open across the continent and in the u.k. today looks so risk off. across theures up board and gains in the cash trade in your this -- the u.s. and europe. they are selling off sovereign debt as well. let's turn to the gmm. equity markets really strongly bed yesterday. -- bid yesterday. have decided to go even shorter on sterling. are.1 is where we take a look at the latest data. the market is short sterling. that will be one of the stories we will be watching. we will talk about that throughout the program. i am curious to get things from your perspective and how things are going down in brussels. the pound is going to be one of the big stories. here is juliette saly. juliette: thank you. the u.k. is set t
europe's response. we are live in brussels and where going to berlin to get a view on how the eu will react and negotiate the u.k. leaving the block. and hike guidance. there will be two more hikes this year. all speak today, what clues will they give on the rate path? matt: 30 minutes until the cash open across the continent and in the u.k. today looks so risk off. across theures up board and gains in the cash trade in your this -- the u.s. and europe. they are selling off sovereign debt as...
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Mar 5, 2017
03/17
by
BLOOMBERG
tv
eye 55
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this shows high-yield in europe. high yield in europe is tight because of what we have seen is yield in europe blow out the beginning of last year. then never really recovered. here is the spread for the cocos versus the high-yield. what does that tell you that the banks in europe have not cleaned up anything in a big way? oksana: very true. the broader conversation here is about banks in europe, frankly. the rising, steepening yield curves are a positive for banks. but when you talk about the european banks, corporate purchase programs have not received support from that program. and there has not been an enormous amount of pressure on them to clean up the way u.s. banks have had. i think this brings it back to implications for portfolios and investment opportunities. there will be better entry points into those markets, certainly into the european bank markets, then there are now. jonathan: do you agree? is there an entry point down the road for european bank or do you want to outsource? tad: yes, there will be bet
this shows high-yield in europe. high yield in europe is tight because of what we have seen is yield in europe blow out the beginning of last year. then never really recovered. here is the spread for the cocos versus the high-yield. what does that tell you that the banks in europe have not cleaned up anything in a big way? oksana: very true. the broader conversation here is about banks in europe, frankly. the rising, steepening yield curves are a positive for banks. but when you talk about the...
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Mar 29, 2017
03/17
by
CSPAN2
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speaker, europe is watching. mr. speaker, will the uk government has a mandate to hold a brexit referendum. we have -- we accept that and accept the results to leave and the rest of united kingdom. again, mr. speaker, the bench opposite cannot seem to understand that the united kingdom is a multinational state with 40 -- [shouting] -- voted to stay and two of them voted to leave, and all of the rhetoric from the government benches does not -- [inaudible] that there is not unity and the so-called united kingdom. as democrats, as democrats we can all accept that the scottish government has a mandate given by the people of scotland in an election that we should have a choice after the negotiations have concluded. and that it be not kicked into the long grass and the democratic choice then i picked yesterday the democratic parliament voted 59-59 the people of scotland should have that choice. will the prime minister confirmed that she will recognize the democratic rights of the people to make their own choice after negot
speaker, europe is watching. mr. speaker, will the uk government has a mandate to hold a brexit referendum. we have -- we accept that and accept the results to leave and the rest of united kingdom. again, mr. speaker, the bench opposite cannot seem to understand that the united kingdom is a multinational state with 40 -- [shouting] -- voted to stay and two of them voted to leave, and all of the rhetoric from the government benches does not -- [inaudible] that there is not unity and the...
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121
Mar 30, 2017
03/17
by
MSNBCW
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the uk prying itself out of europe will have the effect of breaking up europe and may break up the united kingdom as well. scotla says it will vote again whether scotland should be its own independent country. the scottish independence referendum did not pass a couple years ago. if scotland gets to vote on it again knowing a yes vote to be an independent country this time, this could be their only option to stay in europe while the rest of the uk leaves something scotland really wants. scat land voters said they did not want to leave the uk even though europe as a whole voted yes. that puts more pressure than ever before of this centrifical process of scotland breaking away becoming its own kingdom. then northern ireland. as you know, it's divided in two. most is the independent nation of ireland happily staying part of the european union. and the six counties that make up northern ireland those six counties are part of the uk and like scottish voters wanted to stay in the eu, voters in northern ireland wanted to stay in the eu, too, but outvoted. if northern ireland stays part of the uk
the uk prying itself out of europe will have the effect of breaking up europe and may break up the united kingdom as well. scotla says it will vote again whether scotland should be its own independent country. the scottish independence referendum did not pass a couple years ago. if scotland gets to vote on it again knowing a yes vote to be an independent country this time, this could be their only option to stay in europe while the rest of the uk leaves something scotland really wants. scat...
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Mar 6, 2017
03/17
by
BLOOMBERG
tv
eye 53
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earnings growth in europe, that of the double u.s.. the visions of 2017 in europe u.s.,ing up, and in the going down. there is a lot to like in however, the political environment. are you getting paid for risk in the u.s. -- very close to all-time highs -- or are you getting paid at deutsche bank versus jp morgan. i would take deutsche bank. alix: does that mean you are buying david bisping -- deutsche bank? >> i do not buy. a call veryde specifically, but when you look at yields in germany, 32 basis points on a 10 year boom. talk about not a lot of available profitability. if you want to make money, you will need higher rates to do that. >> what is the cost of money? it is a lot higher. it is 25. in the u.s. -- short-term money in europe is negative, still short-term negative. 32% is not a lot relative to 2.5 for the u.s. tenure -- 10 year. in the u.s., the yield spread is actually shrinking, whereas in germany, at 3%, it is expanding. it goes continues and inflation continues, those rates go up, you will make more money as a bank. you have to remember, there are still
earnings growth in europe, that of the double u.s.. the visions of 2017 in europe u.s.,ing up, and in the going down. there is a lot to like in however, the political environment. are you getting paid for risk in the u.s. -- very close to all-time highs -- or are you getting paid at deutsche bank versus jp morgan. i would take deutsche bank. alix: does that mean you are buying david bisping -- deutsche bank? >> i do not buy. a call veryde specifically, but when you look at yields in...
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155
Mar 29, 2017
03/17
by
BBCNEWS
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eye 155
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we saw export about 40% europe. we are looking east, we must assume things will get harder in europe, the free market will no longer be for us. there is a tremendous sporting goods market, police market, it is almost another world opening up as they get richer and there is potentialfor us, difficult though it will be. my name is paul, i am the managing director. we are an old established ceramics factory, we predominantly supply bottles to the spirits industry all over the world. product has go to europe and that may not be a route forward to grow the business. we have put a lot of effort over the last six to nine months at looking at the usa is a real business growth opportunity. the pound dollar relationship and hopefully a free trade agreement going forward will benefit us and oui’ going forward will benefit us and our ability to sell into that market place and it is a growing market. my name is jonathan, we place and it is a growing market. my name isjonathan, we are a specialist flooring manufacturer and we e
we saw export about 40% europe. we are looking east, we must assume things will get harder in europe, the free market will no longer be for us. there is a tremendous sporting goods market, police market, it is almost another world opening up as they get richer and there is potentialfor us, difficult though it will be. my name is paul, i am the managing director. we are an old established ceramics factory, we predominantly supply bottles to the spirits industry all over the world. product has go...
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Mar 30, 2017
03/17
by
BBCNEWS
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a look at europe first, slightly different picture in europe, very, very flat, to be honest, very marginal aboves in the markets. we'll talk you through the reasons why. here is samira with a look ahead to wall street's day. how did america's economy fare during the first quarter? we'll tell you when the department releases the estimate of the gdp. it's expected to show that the gdp. it's expected to show that the economy grew at 2% instead of the economy grew at 2% instead of the previously reported i.9%. lots happening on thursday, spacex plans to land its first used rocket. it's a critical test for e—london must have beening. they made —— elon musk. new york fed president leon dudley will weigh in on the hints of trump administration's economic plans and of course what that means for the central bank's policy—tightening plan. this will happen at an event at the university of south florida. we'll come back to the theme of the us in we'll come back to the theme of the usina we'll come back to the theme of the us in a moment. joining us is james hughes, chief market analyst, gkfx.
a look at europe first, slightly different picture in europe, very, very flat, to be honest, very marginal aboves in the markets. we'll talk you through the reasons why. here is samira with a look ahead to wall street's day. how did america's economy fare during the first quarter? we'll tell you when the department releases the estimate of the gdp. it's expected to show that the gdp. it's expected to show that the economy grew at 2% instead of the economy grew at 2% instead of the previously...
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Mar 25, 2017
03/17
by
BBCNEWS
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eye 35
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the freedom of europe —— movement within europe means that the optimistic young will leave those countries and come to the successful northern countries. the united states has one: “— countries. the united states has one: —— currency and lots of different economies. people go from the poorer areas to new york city to make their fortunes. you the poorer areas to new york city to make theirfortunes. you could the poorer areas to new york city to make their fortunes. you could say it is just that germany wasn't generous enough to greece. state governments in the united states have more power than governments within europe. the united states fought civil war over differences of opinion as well. as well as slavery, of course. there are different economies bound together by the same currency. the conflict between states to govern our economy and federal states, causes tremendous damage sometimes. not nearly as problematic as you have with 27 nationalistic entities. it is difficult enough in america. but it is most impossible to bring everybody under one roof under such rules as greece ha
the freedom of europe —— movement within europe means that the optimistic young will leave those countries and come to the successful northern countries. the united states has one: “— countries. the united states has one: —— currency and lots of different economies. people go from the poorer areas to new york city to make their fortunes. you the poorer areas to new york city to make theirfortunes. you could the poorer areas to new york city to make their fortunes. you could say it...
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39
Mar 16, 2017
03/17
by
BLOOMBERG
tv
eye 39
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but europe as well. that will put pressure on bond yields but i do not think we will be seeing them soaring. i think the biggest changes the u.s. bond deals and u.s. treasuries will be one we get guidance over what the fed are going to do about the $4.5 trillion balance sheet and unwinding that. we have a little bit of a mention in janet yellen's press conference. they had talked about talking about restricting the balance sheet and starting to wind it down. it is some way off that but when that happens we could start seeing yields raking through rather than it thing impacted by rate hikes. anna: they suggested they could maintain the balance sheet until rate increases underway. we have the budget saying the first half requests overnight coming from trump. a lot missing from the tax entitlements, growth estimates but as expected, cuts to the state department and energy department. alex: this will always be a skinny budget. it is a quite skinny budget we saw out of donald trump's administration. we need m
but europe as well. that will put pressure on bond yields but i do not think we will be seeing them soaring. i think the biggest changes the u.s. bond deals and u.s. treasuries will be one we get guidance over what the fed are going to do about the $4.5 trillion balance sheet and unwinding that. we have a little bit of a mention in janet yellen's press conference. they had talked about talking about restricting the balance sheet and starting to wind it down. it is some way off that but when...
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49
Mar 10, 2017
03/17
by
BLOOMBERG
tv
eye 49
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the next time europe goes into recession, what are the bullets left to protect europe as an entity? i think populism will be in your miss in 2017 -- will be a near 80 wonder with the bullets will come from the next time there is a downturn. you just looko of for consolidation within financial europe? do you think greece is the metaphor? we see the combinations that jamie dimon didn't talk about yesterday? perhaps you need a crisis to get minds together to have consolidation in europe. to get the ultimate come together of europe, you probably need a problem that proceeds it. james: we have plenty of problems already in europe. 57% of italians would vote for a euro-skeptic party. although the greek debt problem is insoluble and will have to be is a huge italy economy. they have had no growth for decades. of the italian people will eventually run out. francine: what is the one thing people aren't understanding in the markets? one is thek the market has become overly worried about madame le pen in france. i would encourage adventures investors to look at the french banks. francine: than
the next time europe goes into recession, what are the bullets left to protect europe as an entity? i think populism will be in your miss in 2017 -- will be a near 80 wonder with the bullets will come from the next time there is a downturn. you just looko of for consolidation within financial europe? do you think greece is the metaphor? we see the combinations that jamie dimon didn't talk about yesterday? perhaps you need a crisis to get minds together to have consolidation in europe. to get...
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Mar 2, 2017
03/17
by
BLOOMBERG
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eye 59
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out of europe. could -- this is a crucial election for investors. francine: what are they voting on? as a french voter, do i vote on the economy or terrorism? >> security is number one when you talk to people in france. what is deeply important to people, look at the history of france over the last 2, 2 .5 years, the paris attacks. they are moving around a lot for fillon and macron. round, a ring the pen needs to get 50% in the runoff and she has not told about -- she is stable around 40 something percent, a gap between now. tom: on the 40's anniversary of the american classic, "slap shot" and but cassidy and the sundance kid, who is that guy? run the film of emmanuel macron. is he the second coming of trudeau? where does he fit in to the culture and the fabric of france? >> that is not a bad comparison. macron is there , a little bit younger than you, tom, he came from nowhere, a huge gamble to get into the race . everything has fallen his way. he looks like the man to beat. francine: he is not as
out of europe. could -- this is a crucial election for investors. francine: what are they voting on? as a french voter, do i vote on the economy or terrorism? >> security is number one when you talk to people in france. what is deeply important to people, look at the history of france over the last 2, 2 .5 years, the paris attacks. they are moving around a lot for fillon and macron. round, a ring the pen needs to get 50% in the runoff and she has not told about -- she is stable around 40...
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Mar 7, 2017
03/17
by
BLOOMBERG
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eye 58
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europe. i am anna edwards. manus: back from paris, the euro star is a wonderful thing. if you're are waiting for the ecb, they used -- the u.k. budget, what is happening to volatility? there's a couple of different things he can walk away from this, the 260-day and fight volatility. the lowest since 2015. all of the usual rules seem to be breaking down in regards of volatility. that's located get development in.et participants you don't need a stomach for risk. anna: talking of emerging markets, how some of those have been doing overnight. volumes are pretty thin despite the tension. the one of by .9%. yuan up by .9$ the aussie dollar and stocks in australia maintaining their game. scrappingtsche bank and additional easing from the australians. still probably against the again. -- yen. merkel referring to europe this that rhetoric has done nothing. how overvalued is the dollar? saw the euro moving with the french politics story and we will continue to get more details. iron or downplay -- iro
europe. i am anna edwards. manus: back from paris, the euro star is a wonderful thing. if you're are waiting for the ecb, they used -- the u.k. budget, what is happening to volatility? there's a couple of different things he can walk away from this, the 260-day and fight volatility. the lowest since 2015. all of the usual rules seem to be breaking down in regards of volatility. that's located get development in.et participants you don't need a stomach for risk. anna: talking of emerging...
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Mar 29, 2017
03/17
by
BBCNEWS
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eye 39
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people in europe will suffer, companies in europe will suffer, companies in europe will suffer, companies in europe will suffer as much as british business if we cannot reach agreement. the prime minister made that clear. and also stated we hope we can remain very close partners with the other countries in europe but outside the eu. are some leaders in brussels correct to think this endless coupling of security with trade for example, within the context of a broader agreement, is akin toa context of a broader agreement, is akin to a threat. i do not think it isa akin to a threat. i do not think it is a threat at all, both are important. cooperation in security matters is incredibly important, we have seen the reasons why in the last few weeks. and that must be a priority. but there are many other issues and achieving open access to markets in europe and allowing european firms to trade in the uk as well is also in our economic interest. these are all big questions which we now have to sit down and resolve. reading between the lines, there is a suggestion at the lines, there is a suggestio
people in europe will suffer, companies in europe will suffer, companies in europe will suffer, companies in europe will suffer as much as british business if we cannot reach agreement. the prime minister made that clear. and also stated we hope we can remain very close partners with the other countries in europe but outside the eu. are some leaders in brussels correct to think this endless coupling of security with trade for example, within the context of a broader agreement, is akin toa...
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83
Mar 30, 2017
03/17
by
CSPAN
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eye 83
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speaker, europe is watching. mr. speaker, will the uk government has a mandate to hold a brexit referendum. we have -- we accept that and accept the results to leave and the rest of united kingdom. again, mr. speaker, the bench opposite cannot seem to understand that the united kingdom is a multinational state with 40 -- [shouting] -- voted to stay and two of them voted to leave, and all of the rhetoric from the government benches does not -- [inaudible] that there is not unity and the so-called united kingdom. as democrats, as democrats we can all accept that the scottish government has a mandate given by the people of scotland in an election that we should have a choice after the negotiations have concluded. and that it be not kicked into the long grass and the democratic choice then i picked yesterday the democratic parliament voted 59-59 the people of scotland should have that choice. will the prime minister confirmed that she will recognize the democratic rights of the people to make their own choice after negot
speaker, europe is watching. mr. speaker, will the uk government has a mandate to hold a brexit referendum. we have -- we accept that and accept the results to leave and the rest of united kingdom. again, mr. speaker, the bench opposite cannot seem to understand that the united kingdom is a multinational state with 40 -- [shouting] -- voted to stay and two of them voted to leave, and all of the rhetoric from the government benches does not -- [inaudible] that there is not unity and the...
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64
Mar 6, 2017
03/17
by
BLOOMBERG
tv
eye 64
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how do you look at europe? there is this potential renaissance in europe, isn't there? it is manifested in those numbers. is improving. more joint ventures to come. >> i think the auto industry has had far too much capacity in the past and gm has not been able to get opel profitable for over a decade. it has been this long running saga. i think the deal has made sense and peugeot has done better recently and they will be able to release some synergies and close some factories. this is political stuff. we have the french election coming up soon and we have to be careful of what the impact could be on the politics if we get announcements around jump savings is this is exactly what the election is about, the response to globalization and mass job losses and stagnating wages. longer-term, the european story is improving. we are getting lower on unemployment, better growth, getting some inflation coming through. if we get through the french election, this could be quite an incredible turnaround, and opportunities like the deutsche bank news, they make for interesting entry p
how do you look at europe? there is this potential renaissance in europe, isn't there? it is manifested in those numbers. is improving. more joint ventures to come. >> i think the auto industry has had far too much capacity in the past and gm has not been able to get opel profitable for over a decade. it has been this long running saga. i think the deal has made sense and peugeot has done better recently and they will be able to release some synergies and close some factories. this is...